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5i Recent Questions
- CES Energy Solutions Corp. (CEU)
- Ensign Energy Services Inc. (ESI)
- Precision Drilling Corporation (PD)
- McCoy Global Inc. (MCB)
Q: Hi 5i, given there is a high probability of "drill baby drill", what would be your top Canadian Oil & Gas service companies with exposure to the US? Thx.
- Baker Hughes Company (BKR)
- Halliburton Company (HAL)
- Schlumberger N.V. (SLB)
- Ensign Energy Services Inc. (ESI)
- Precision Drilling Corporation (PD)
Q: If President Trump is returned to office on November 5th, and given his promise to unleash American oil and gas production, would energy service stocks experience a significant tail wind. If yes, please provide your top suggestions, both U.S. and Canadian. Thanks
Q: I was watching BNN today (sept 9th) and on market call the guest had this as one of their picks. The guest mentioned that ESI is paying off 600M in debt using free cashflow which they are apparently halfway through doing with a target date of to complete this end of next year. The guest was making the case that after this debt is paid that free cashflow the div could be increased and the company could do a 22% repurchase of the stock outstanding. What is the management of this firm like do they have a track record of success? What do you think of the thesis put forward by this guest. Is this company worth a flyer?
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